Nonprofit · EIN 06-6062157
FLORENCE GRISWOLD MUSEUM INC
Tax-exempt · OLD LYME, CT 06371
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,316,214 | $4,608,773 | -$1,292,559 | $37,145,927 | $839,678 | $36,306,249 |
| December 31, 2023 | 990 | $6,675,081 | $5,560,429 | $1,114,652 | $35,924,284 | $419,272 | $35,505,012 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,708,502
- of which government grants
- $132,897
- Membership dues
- $337,336
- Program service revenue
- $486,157
- Investment income
- $894,468
- Net gain from sales of assets
- $242,980
- Net income from fundraising events
- -$44,384
- Net income from sales of inventory
- $175,917
- Other revenue
- $227,087
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $205,620
- Other salaries and wages
- $1,219,131
- Salaries, compensation and benefits (total)
- $1,686,627
- Professional fundraising fees
- $0
- Legal fees
- $55,000
- Accounting fees
- $129,695
- Occupancy
- $604,484
- Travel
- $34,031
- Depreciation
- $483,763
- Program services (functional)
- $2,946,376
- Management and general (functional)
- $968,293
- Fundraising (functional)
- $694,104
Balance sheet and other
- Total assets, start of year
- $35,924,284
- Total assets, end of year
- $37,145,927
- Total liabilities, end of year
- $839,678
- Net assets, end of year
- $36,306,249
- Land, buildings and equipment
- $6,234,643
- Publicly traded securities
- $22,738,948
- Net assets without donor restrictions
- $20,025,272
- Net assets with donor restrictions
- $16,280,977
- Gross receipts
- $8,332,223
- Employees
- 29
- Volunteers
- 170
- Year formed
- 1936
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSHUA CAMPBELL TORRANCE | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $195,829 | $9,791 |
| DAVID RAU | DIRECTOR OF EDUCATION & OU Highest-paid employee | 40 | $118,700 | $37,715 |
| MATT STREKEL | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $115,855 | $32,258 |
| DEBORAH MOORE | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| BARBARA HARMS | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JANE RAPPORT | BOARD SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| KAY KNIGHT CLARKE | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| SUSAN CARTLEDGE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JONATHAN COHEN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CARLA D'ARISTA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DIANNE EMBREE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PATRICK GINGRAS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAUL HOLT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| VALERIE KOIF | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JAC LAHAV | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SALLY LAWRENCE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARYBETH MARX | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KEVIN MCGLINCHEY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TIMOTHY MCLAUGHLIN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LEE PRITCHARD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| BARBARA SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KATIE TUTTLE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ROB WILBER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARY ANN RUMNEY BESIER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| CHARLES T CLARK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEFFREY W COOLEY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAVID W DANGREMOND | BOARD MEMBER Trustee or director | 0.5 | $0 |
| FRANK W TED HAMILTON III | BOARD MEMBER Trustee or director | 0.5 | $0 |
| CAROLYN WAKEMAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSHUA CAMPBELL TORRANCE | EXECUTIVE DIRECTOR Officer | 40 | $164,423 | $8,221 |
| DAVID RAU | DIRECTOR OF EDUCATION & OU Highest-paid employee | 40 | $117,239 | $16,590 |
| MATT STREKEL | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $118,189 | $13,367 |
| BARRY ADAMS | DIRECTOR OF FINANCE Officer | 40 | $84,902 | $8,866 |
| DEBORAH MOORE | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| BARBARA HARMS | VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| JANE RAPPORT | BOARD SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| JOHN E NOYES | BOARD MEMBER (THRU 12/23) Trustee or director, Officer | 0.5 | $0 | $0 |
| KAY KNIGHT CLARKE | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| SUSAN CARTLEDGE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JONATHAN COHEN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CARLA D'ARISTA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DIANNE EMBREE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PATRICK GINGRAS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAUL HOLT | BOARD MEMBER Trustee or director, Officer | 0.5 | $0 | $0 |
| VALERIE KOIF | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JAC LAHAV | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SALLY LAWRENCE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARYBETH MARX | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KEVIN MCGLINCHEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TIMOTHY MCLAUGHLIN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LEE PRITCHARD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BARBARA SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KATIE TUTTLE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ROB WILBER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARY ANN RUMNEY BESIER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CHARLES T CLARK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JEFFREY W COOLEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVID W DANGREMOND | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FRANK W TED HAMILTON III | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CAROLYN WAKEMAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ROBERT D WEBSTER | BOARD MEMBER (THRU 11/23) Trustee or director | 0.5 | $0 | $0 |
| RICHARD MILLARD | BOARD MEMBER (THRU 03/23) Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 96 LYME ST, OLD LYME, CT 06371-1426
- Principal officer (990 for 2024)
- PETER STEERE, 96 LYME STREET, OLD LYME, CT 063711426
- Signed the 990
- PETER STEERE, INTERIM EXECUTIVE DIRECTOR
- Phone
- (860) 434-5542
- Return prepared by
- CLIFTONLARSONALLEN
Mission
THE FLORENCE GRISWOLD MUSEUM SEEKS TO PROMOTE A GREATER UNDERSTANDING OF CONNECTICUT'S CONTRIBUTION TO AMERICAN ART AND HISTORY THROUGH PUBLIC EXHIBITIONS AND EDUCATIONAL PROGRAMS.
Program accomplishments
- VISITOR SERVICES- OPERATION OF THE FLORENCE GRISWOLD MUSEUM, AN ACCREDITED MUSEUM OF AMERICAN ART & HISTORY, WITH A YEAR ROUND SCHEDULE OF PUBLIC EXHIBITIONS AND EDUCATIONAL PROGRAMS. THE NUMBER OF PEOPLE THAT WERE BENEFITED DURING THE YEAR TOTALED 36,350.Expenses $891,050 · revenue $278,244
- COLLECTIONS AND EXHIBITIONS- CURATORIAL CARE, CONSERVATION, ACQUISITION, AND PRESENTATION OF THE MUSEUM'S ART AND HISTORICAL COLLECTIONS.Expenses $1,385,070
- EDUCATIONAL PROGRAMS- ART AND HISTORY PROGRAMS FOR THE PUBLIC. THE NUMBER OF PEOPLE THAT WERE BENEFITED DURING THE YEAR TOTALED 14,282Expenses $670,256 · revenue $207,913
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-6062157
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A82Z)
- Assets (IRS master file)
- $37,145,927
- Income (IRS master file)
- $8,332,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,316,214 | $4,608,773 | $37,145,927 | XML |
| 990 | December 2023 | $6,675,081 | $5,560,429 | $35,924,284 | XML |
| 990 | December 2022 | $11,205,087 | $4,393,669 | $34,236,610 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6062157).
Questions about FLORENCE GRISWOLD MUSEUM INC
- What is the EIN of FLORENCE GRISWOLD MUSEUM INC?
- The employer identification number (EIN) of FLORENCE GRISWOLD MUSEUM INC is 06-6062157.
- Is FLORENCE GRISWOLD MUSEUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to FLORENCE GRISWOLD MUSEUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLORENCE GRISWOLD MUSEUM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FLORENCE GRISWOLD MUSEUM INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLORENCE GRISWOLD MUSEUM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FLORENCE GRISWOLD MUSEUM INC?
- The 990 for the year ended December 31, 2024 names PETER STEERE.
- Who are the officers and directors of FLORENCE GRISWOLD MUSEUM INC?
- The 990 for the year ended December 31, 2024 lists 29 people; 3 received compensation from the organization, the highest $195,829 (JOSHUA CAMPBELL TORRANCE, EXECUTIVE DIRECTOR).
- How much revenue does FLORENCE GRISWOLD MUSEUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,316,214, expenses of $4,608,773 and total assets of $37,145,927 at year end.
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